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" "Capital is but a form of labor, and its distinction from labor is in reality but a subdivision, just as the division of labor into skilled and unskilled would be.
Henry George (September 2, 1839 – October 29, 1897) was an American political economist and journalist. His writing was immensely popular in 19th-century America and sparked several reform movements of the Progressive Era. He inspired the economic philosophy known as Georgism, the belief that people should own the value they produce themselves, but that the economic value of land (including natural resources) should belong equally to all members of society. George famously argued that a single tax on land values would create a more productive and just society.
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Stepping out of their proper sphere and arrogating to themselves an authority to which they have no claim, professed teachers of spiritual truths long presumed to deny the truths of the natural sciences. But now professed teachers of the natural sciences, stepping in turn out of their proper sphere and arrogating to themselves an authority to which they have no claim, presume to deny spiritual truths. And there are many, who having discarded an authority often perverted by the influence of dominant wrong, have in its place accepted another authority which in its blank materialism affords as efficient a means for stilling conscience and defending selfish greed as any perversion of religious truth. Mr. Spencer is the foremost representative of this authority. Widely regarded as the scientific philosopher; eulogized by his admirers as the greatest of all philosophers — as the man who has cleared and illuminated the field of philosophy by bringing into it the exact methods of science — he carries to the common mind the weight of the marvelous scientific achievements of our time as applied to the most momentous of problems. The effect is to impress it with a vague belief that modern science has proved the idea of God to be an ignorant superstition and the hope of a future life a vain delusion.
No amount of force will break an egg-shell if exerted on one side alone. So capital could not squeeze labor as long as labor was free to natural opportunities, and in a world where these natural materials and opportunities were as free to all as is the air to us, there could be no difficulty in finding employment, no willing hands conjoined with hungry stomachs, no tendency of wages toward the minimum on which the worker could barely live. In such a world we would no more think of thanking anybody for furnishing us employment than we here think of thanking anybody for furnishing us with appetites. That the Creator might have put us in the kind of world I have sought to imagine, as readily as in this kind of a world, I have no doubt. Why he has not done so may, however, I think, be seen. That kind of a world would be best for fools. This is the best for men who will use the intelligence with which they have been gifted. Of this, however, I shall speak hereafter. What I am now trying to do by asking my readers to endeavor to imagine a world in which natural opportunities were "as free as air," is to show that the barrier which prevents labor from freely using land is the nether millstone against which labor is ground, the true cause of the difficulties which are apparent through the whole industrial organization.
In any country, however new and vast, it would be possible to change "scarcity of labor" into "scarcity of employment" by increasing the price put on the use of land. If three families settled a virgin continent, one family could command the services of the others as laborers for hire just as fully as though they were its chattel slaves, if it was accorded the ownership of the land and could put its own price on its use. Wakefield proposed only that land should be held at what he called "a sufficient price "— that is, a price high enough to keep wages in new colonies only a little higher than wages in the mother-country, and to produce not actual inability to get employment on the part of laborers, but only such difficulty as would keep them tractable, and ready to accept what from his standpoint were reasonable wages. Yet it is evident that it would only require a somewhat greater increase in the price of land to go beyond this point and to bring about in the midst of abundant natural opportunities for the employment of labor, the phenomena of laborers vainly seeking employment. Now, in the United States we have not attempted to create "scarcity of employment" by Wakefield's plan. But we have made haste by sale and gift to put the public domain in the hands of private owners, and thus allowed speculation to bring about more quickly and effectually than he could have anticipated, more than Wakefield aimed at. The public domain is now practically gone; land is rising to European prices, and we are at last face to face with social difficulties which in the youth of men of my time we were wont to associate with "the effete monarchies of the Old World."